Insights
An organization’s greatest asset is its people, and success is often defined by the team’s ability to work together to yield great results. This new collaborative mentality has manifested itself in a complete overhaul of office design. Fortune 500 companies have invested in unique spaces featuring everything from coffee bars to tiki bars.
A couple days ago, I had an interesting conversation with a business owner who was looking to renegotiate his office lease. He told me he is currently working with a business consultant to help him to do this. I thought, Wow! Hold on, a business consultant?
Chicago is a city of industry, delicious food, diverse culture and taxes. If you don’t know by now, Chicago is facing another round of tax increases, especially on real estate. This may lead everyone in Chicago to think: How am I going to afford running a business here? Or even, Why should I keep my...
Are you wondering when is good time to get into the market and find space? TAG CEO Bill Himmelstein advises to be patient and wait it out.
In this insightful video, Bill Himmelstein, the CEO and Founder of Tenant Advisory Group, provides a comprehensive update on the current status of the Commercial Real Estate (CRE) Office Market. Bill delves into the latest trends, challenges, and opportunities within the sector, offering valuable insights for business owners, investors, and real estate professionals.
Preparing for an office move? Herein we include a list of items that you need to make sure to tackle prior to your relocation. 1. Prepare an inventory of everything to be moved. 2. Have movers come out to premises and do a walk through to determine relocation costs. Develop a basic idea of the...
Welcome to the Topic “The Massive Effect of E-commerce on Industrial Real Estate (Warehouse and Distribution centers)” Industrial warehouses and distribution centers have evolved substantially due to the boom in e-commerce and the growing inventory needs of e-commerce powerhouses like Amazon. Traditionally, warehouses and distribution centers were built-in storage chambers for giant store-front retail corporations. ...
As rental rates continue to rise for commercial space in the near west side, companies moving to LaSalle Street and the Loop are reaping the benefits. The Loop has been experiencing a strong push in building upgrades, amenities and renovations thanks to the success of River North and River West. The end result is a...
If you land on the right space for your business, you have to move fast. There are more buyers and tenants than sellers and spaces in today’s market.
TAG CEO Bill Himmelstein discusses the state of the CRE market and dispels some current myths, particularly around office space.
This is a question that has been posed to me hundreds of times in my career. The answer is simple: now! What I mean by that is you should review your lease on a yearly basis. A company’s business should drive its real estate needs, not the other way around. The real estate should support...
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Having the most knowledge and information is a huge key to any negotiation. Simply asking is one of the most effective ways of acquiring vital information.
Voyage Chicago reached out to Bill Himmelstein to dive deep into the history of how Tenant Advisory Group began, and the foundation it was built upon.
Every month, Tenant Advisory Group hosts an Executives Event to provide an opportunity for Chicago business leaders to build new, meaningful connections and discuss topics relevant to running a business. During December’s Executives Bruncheon, attendees were prompted with the question: “What trends are you seeing in your industry?” Here are a few of the lessons...
Welcome to the topic “Creative Networking Strategies for Business Success” Traditional networking events with big gatherings, tons of handshakes, name tags, and an endless exchange of business cards have long been considered the pinnacle of professional growth. However, while these events are a great ice-breaker, they often fall short when it comes to delivering real...
Building culture is hard with a remote-based workforce. To have a top business, you need to have a top culture – this is why TAG CEO Bill Himmelstein suggests a phased-in approach for recommitting to your office space.
Crain’s Chicago Business released its inaugural edition of The Most Influential Commercial Real Estate Brokers in Chicago, and our own Bill Himmelstein has been included in this list!